Broadcom's custom AI chip unit is growing rapidly. Since the AI arms race began in 2023, Nvidia's graphics processing units (GPUs) have been the go-to computing unit of choice. GPUs can process ...

Alphabet reported earnings for the fourth quarter after the market close on Wednesday, beating estimates on the top and bottom lines with revenue of $113.83 billion and adjusted earnings of $2.82 per ...

Taiwan Semiconductor (TSM) delivers twice the sales and profits of Broadcom (AVGO) despite similar market caps. Taiwan Semiconductor trades at 24x forward earnings while Broadcom trades at 32x despite ...

Broadcom has unveiled what it says is the first Wi-Fi 8 access point (AP) and switch service purpose-built for artificial intelligence (AI)-ready enterprise networks. Broadcom believes the anticipated ...

Broadcom Inc. (NASDAQ: AVGO) is drawing growing analyst support as artificial intelligence adoption accelerates, and hyperscaler spending tightens supply chains. Broadcom continues to see rising ...

Broadcom Inc. today debuted a trio of chips designed to power wireless access points based on the upcoming Wi-Fi 8 standard. The current version of the networking technology, Wi-Fi 7, was developed ...

Broadcom (AVGO) has a P/E ratio exceeding 70x and pays a small dividend. On the other hand, Broadcom’s expected $73 billion AI product backlog should jump-start AVGO stock to new heights. Follow 24/7 ...

Broadcom’s steepest three-day drop in over five years has the chip maker falling down the ranks of the largest U.S. companies. Shares of Broadcom AVGO lost 5.6% on Monday, capping a 17.7% three-day ...

Broadcom remains a hold, despite guidance for a minor margin contraction, as AI-driven CapEx and secular demand underpin robust fundamentals. AVGO delivered a standout Q4, with $18.0B revenue (+28% ...

Dec 11 (Reuters) - Broadcom (AVGO.O), opens new tab projected first-quarter revenue above Wall Street estimates on Thursday, but said that margins would fall due to a higher mix of AI revenue, and ...

Broadcom said in a September call that it had signed a customer that had placed a $10 billion order for custom chips. On Thursday, CEO Hock Tan revealed that the mystery customer was Anthropic.